Funding you earn now, next payment 04:00 UTC+0.0452%/8h= +49.5% APRpaid last 24h +0.301%
Price spread now: OKX against Coinbase International+0.118%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$780.780% of the position
Funding, last 7 days+0.714%+$71 on $10k
+Price spread, last 4 days (all we have)−0.345%−$35 · spread now +0.118%, 7d avg +0.026%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and OKX is 0.093% dearer against Coinbase International than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LDO-PERP-INTX | 0.4227 | −0.0352 | get 0.0044% / 1h | 7m 49s | $118K | $41K | 50x |
| Short | OKX LDO-USDT-SWAP | 0.4232 | 0.0100 | get 0.0100% / 8h | 3h 07m | $4.0M | $6.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $94.92
- Price spread: +0.118% → +0.026%
- $9.26
- Slippage, 4 orders
- −$57.99
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $26.18
- Costs to cover
- 0.780%
- Break-even
- 5.1 days
Slippage from Coinbase International: live order book, 45 min ago; OKX: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 45 min ago | 16.32 bp | 23.6 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.18 bp | 16.0 bp −$16 | 48.0 bp −$480 | doesn't fit | doesn't fit |
LDO on 29 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTXlong | −0.0352% | 1h | 0.4227 | long leg | $118K | $41K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4225 | −0.042% | $82K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.768% | $4K | $13 | 12x | as long as short |
| BloFin LDO-USDT | +0.0086% | 8h | 0.4231 | +0.095% | $686K | $254K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4224 | −0.067% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4236 | +0.211% | $11.5M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4231 | +0.100% | $166K | $93K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4226 | −0.014% | $108K | $27K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4232 | +0.113% | $17.8M | $30.8M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4230 | +0.071% | $16.0M | $10.1M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAPshort | +0.0100% | 8h | 0.4232 | +0.118% | $4.0M | $6.7M | 50x | |
| Gate LDO_USDT | +0.0100% | 8h | 0.4225 | −0.047% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4230 | +0.071% | $7.5M | $6.3M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4231 | +0.095% | $2.7M | $3.6M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4230 | +0.071% | $3.2M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4233 | +0.142% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4232 | +0.121% | $90K | $178K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4235 | +0.183% | $199K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4246 | +0.443% | $302K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4250 | +0.544% | $32K | $640K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4231 | +0.099% | $64K | $297K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4328 | +2.389% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4230 | +0.062% | $254K | $1.2M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4231 | +0.106% | $37K | — | 3x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0223% | 1h | 0.4231 | +0.095% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0318% / S −0.0201% | 1h | 0.4231 | +0.093% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0342% | 1h | 0.4228 | +0.013% | $295K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0397% | 1h | 0.4235 | +0.184% | $1.1M | $658K | 50x | as long as short |
| Lighter LDO | +0.0440% | 1h | 0.4243 | +0.374% | $853K | $270K | 10x | as long as short |
Coinbase International LDO-PERP-INTX
OKX LDO-USDT-SWAP
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Backpack LDO_USDC_PERP
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Kraken Futures PF_LDOUSD
Lighter LDO